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20121231
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out of the future not the past. it's a story of how america with a combination of vision, high-tech know how and good old fashioned courage answered the challenge of a rival stepped into the unknown and achieved what almost seems as unbelievable today as it was a half century ago. >> it was october 4th, 1957, and at the height of the cold war. the soviets launched a satellite named sputnik which orbit the earth in over an hour and a half. >> they tell us the world may never be the same again. >> in 1957 when i was still in flight school sputnik was launched the beginning of the space age. >> the dawn of the space age was the start of the space race. america competing with the soviets for scientific dominance. but in a world where americans dug bomb shelters and worried about muss ills science spelled national security. >> the cold war had been pro clonged it was going on nobody could really see an end to it. there were all of the underlying risk of nuclear confrontations in the times. >> man wants it that required a few good men 7 to start with. >> there was 110 selected by the
me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food bank. $82 bi lou: foreign buyers are helping to boost our housing msarket. those buyers accounted for billn $82 billion in home sales over the past year. 9 billion of those dollarschines coming from th chinese. t second only to those canadians, as the largest one homebuyers in presidenntry. the io and president ofao citimortgage, he is joining us the ov let's start with the overaller robustness come to power of thit recovery. is it too strong of a language to join these concepts?18 out o >> the housing is recovering on a sustained basis. eighteen out of 20 top cities are now showing growth. [inaudible] lou: what do you think? lo >> the general view is if you look at long-term trends fromne, 1968 onward, you know that there was a bubble in the 2006 and wei 2007 time.the general vi the general view is that it will take a while to get their. lou: so someone is looking at am profit and they might eagerlyrah jumper t at that rather than wat for a full gross? >> that is the general deal. th
giving more money to the least competent people in america, the politicians in washington. you're talking about giving them the extra money so they could have bigger government. the fact that they're taking that money frommus in a less bad way i suppose that is good news but we're still taking one step after another in the wrong direction. at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is
percentage points. bank of america is the biggest gainer hitting a 52-week high. david: energy stocks rising as oil climbed about $0.37 to settle above the $87 mark. energy sh giants chevron and coo ending in the plus. liz: consumer names getting a boost. adding time warner, walgreens, we just spoke, this is of course a consumer staple that people have loved along with names of her shoes. gettinhitting repetitive 52-week highs. david: apple, the ceo says he has a responsibility to create jobs, but how about creating shareholder value, where should the focus be after two months of a 25% loss of share value, should that be the target of tim cook and apple? liz: this is a huge crane maker and a food company have a great year, the stock up 70% thanks in part to having his hands in the cranes and food services part. he is going to be joining us exclusively this hour. here's why you have listened to him. is he keeping up pace in the new year and what part of his business is doing better. david: we have a very busy hour coming up, but what drove the market with the "data download." stocks pushing h
america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't do, i just gotta say this, what we shouldn't be doing is try to take away your rights to bargain @or better wages to work -- [cheers and applause] these so-called right-to-work laws
in america we will outperform the other schools in five years. how good our charter schools? >> unions say they are four problem kids. >> up until now the adults have run the show and make us stupid in america. school spending has tripled over the past 40 years. three sped much more than other countries but what do we get? student learning? no improvement. look at it. there is the line. 40 years the scores have been flat much more money no improvement that there is good news and around america very cool things are starting to happen. >> school is boring. >> knollwood is not. >> as it is. i went to school. grade school was boring so was high school and so was princeton except for the party part of fourth grade? we have to learn reading and writing and that is work. >> reading is work but it is rocking also. >> they say school is fun? how is it fun to learn? >> they teach us enough on ways to make you look forward to going to school in the morning? >> yes. >> the attend a new charter schools the charter lets them escape the bureaucracy of regular school including the teachers union. this in
. [applause] john: america has more than 400 billionaires'. i say they are cheap because until recently they did not give a lot to charity. 1997 ted turner promised to donate $1 billion to the wind. united nations? they squandered money. if business tycoons do more for the world than two reinvests of the business creates jobs and wealth for everyone. why is giving away better? >> why not do both? john: i am happy if bill gates gives nothing. >> this is why people don't like newsmen. i know your dirty tricks. there is nothing more to say. good by. i of walking off the set. [laughter] john: it is true that businessmen like ted turner to the right thing. says your on broke from the ayn rand institute. how did they become a billionaire? creating a product service to benefit everybody we know because it pays -- repay for it. we get more value than what we give up. bill gates has improved hundreds of millions of lives he has touched every human being. >> to also employ people that charity keeps on giving. >> you pay employees but they are better off. what about the companies that provided sof
in america. why do people freeload? what you think you know, often is not so. myth and truth. that is our show. tonight. john: what you think you know, may not be so? we know what. we watch tv while good what we know not be so? our instincts are often wrong. when i was a consumer reporter i thought consumer regulation was the answer. rahm. it hurts america of more. i thought america was running out of fuel, overpopulation, made in america. wrong. >> majority leader harry reid is upset the usoc bought uniforms from china. >> they should be burned and start over again. john: people are desperate for jobs. isn't it outrageous we buy uniforms made overseas? no. in this stupid. let me bring in professional help. why not to worry about sending work to other countries? >> a fundamental trade makes everybody off. it benefits both parties. john: they could have been made by american workers. >> but we are so much better at other things that making garments is not the comparative advantage. john: that is not a problem. those are factory jobs they're not so pleasant they're designed and marketed an
problems in ourblem society.an it is not guns. the cost of mental health in so many dimensions - america! america! - ♪ god shed his grace on thee ♪ - ♪ on thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea s a the newtown massacre lou: the newtown, connecticut, t massacre creates a debate on gu. control without question. but it is arguably more important to have a national discussion on mental health ar care.topic. very unpopular dtai topic. we still don't know the facts of a 20-year-old man turning into a mass murderer last friday, but we do know many ofa the factsout about a mental health care peop systemmthat is failing. there are far too many people that could be productive in our society. but first, we need to tlook at the truth and dimension.well just how big is mental illness in america? well, i hope you are sitting down. because these numbers are simply sounded very at according to the national institute, the national institute of mental health, 20%o of this country, 20% of us at one time or another, some 60 million people, 60 million ame
on with the financials is bank of america. bank of america hit a 52 week high, sold off, was like a number one loser in if the dow, number two loser in the dow and then moved back and came up off the lows. so it shows you the financials really drive the market one way or another. you really get a good feel. david: bank of america is up over 100% this year even with today's loss. it has incredible turnaround. [closing bell ringing] shibani: the bells are ringing on wall street. it was a roller coaster ride of a day. let's take a look at how stocks are finishing up. it's well on the fence here as to where we're going to close. the dow is lower right now. down about 20 points. the s&p 500 down just about 2 points. nasdaq also eking out a loss, 4.2 points and then the russell also ending the day in the red. david: it was just positive, the dow just moments ago, but it is the turnaround, 150 points since the story. also a trading day for oil, big rally in yesterday's session where it went up to $91 a barrel. crude was unable to hold on to the gains ending lower on fears of no deals in d.c. all of that la
to have the debt ceiling bill well. that is a major issue that the people out in america are not even aware of. why isn't the speaker and the republicans bring that up from about? see how many democrats vote to have the president be in control of the debt ceiling. gerri: is it a good idea to give the white house the checkbook? >> it's a very bad idea. what is amazing is that the white house of spending all this money to monterrey's taxes, is also asking for no limit on the national debt. they were planning on raising the debt by 8 trillion over the next decade. there really want to tell us that is not enough and they have to have no limit? this is very bizarre. they have really shown there hand in an odd way. the mast is dropped on where they seem to want to take this. but michael was out in greece. he might tell us what happens when you allow tax increases to chase after spending and you don't have any restraint in all, however works out. gerri: california's just approved a $6 billion tax hike. what can you tell us about our future? >> it is retroactive. active january 1st of 2 dozen
. welcome to tax eeerything america. good morning, everyone. income, dividend, interest, deductions, all financial transactions, granny's new hip, your mortgage interest. as we start the week it's all about raising taxes not cutting spending. tax everything. but there are rich people who will avoid the obama tax increases the board of directors at costco will get a huge tax windfall by paying themselves a big dividend this year. and jim senegal, charlie monger, bill gates' father all on the board in favor of taxing the rich, really? and the debate on guns front and center. that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry
in america, and republicans all right, we have a promise and a process for entitlement reform in the coming year. the reality is that that's actually not a very good thing because congress can't do anything, and these committees have not been fruitful in the past. it's how we got ourselves in the spot in the first place hrough the supercommittee who couldn't avoid sequestering. neil: elizabeth? >> i agree much it's chris brown and rihanna going back to the same sisks, and it doesn't work out. bottom line, i don't know there's a deal, but if it is, the pattern is kicking the can do the road. i agree with that completely. you won't see change because that's not helped the economy at this point, and it probably will not help it in the future. neil: incredible, absolutely incredible. thank you very much. in the meantime, sandy money to fix the smithsonian's roof. this has you hitting the roof. speaking of hitting, remember the union guys and the fists? get lawyers. get lawyers. [bleep] - ♪ o beautiful ♪ for spacious skies ♪ for amber waves of grain ♪ for purple mountain majesties ♪
. generation for america president chuck woolery, yes, that chuck woolery of game show lore, is here to explain why. >>> a group of democratic heavyweights one up the president's fiscal cliff plan. forget hitting the rich. alcohol, cigarettes, online gambling, nothing is safe. will the payoff be worth of the pain? we'll debate it. >>> are the salvation army bell ringer jobs only for sexy ladies. one man claims he was fired to make way for beautiful women. is it unfair or good business? even when they say it's not it is always about "money." melissa: all right. first let's take a look at the day's market headlines. you would think the markets would stop getting faked out by the fiscal cliff optimism, would you? but apparently not. that and better than expected data from the service sector sent the dow to a one-month high. >> it was a different story for the nasdaq weighed down by tumbling shares of apple. it had a 6 1/2% decline there and it is the biggest one day loss in four years. fears are growing that the ipad could be losing market share to android based tablets. >>> layoffs music to the e
who serve with them. tragic for america. lou: and the part that you said where it is tragic foru: us us. in our various institutions, since there are no consequences. sitting in an aircraft, we have a pretty strong light, and this actually the architect and the guy who presided over the largest conflict in american history, a conflict we have not won. >> to his credit, we have to give general petraeus credit. he is paid a price, nobody comes a general without slipping up to the top. i have extraordinary respect for these folks. lou: you say these folks. no one respects for supports more or military than i do. if you will, i will not indulge the plural. i'm talking about a man who sent the cia down the gutter. >> i will not defend what he did, you can't. lou: why don't we try to get to what is going on. why are we putting up with this kind of nonsense and recognizing there is a culture the military and in washington that we have to get a hold of. >> i think it is a culture all over our society. look at the sports world. virtually no part of our culture in which people don't feel they
are getting wealthy like the united states of america. the united states decided to catch up now austria and new zealand now they are on top pushing forward but the rest of the world that is dominated but from the '60s you have small families and then the economy is good. they are catching up. then 2010 they borrow money to the richest. john: this raises to amazing results. thousands of years of human history. and everybody was stock in the lower left over thousands of years. this is just hundreds of years why are some countries still stock? >> this is the condo with the best messagest moste african countries have fast economic growth. their ideas of 20 years ago they have a better education event to antonia from 1970 to. so we can see the african john: this is wonderful. now we will all be rich. >> now at his $2 million not because they are stupid. allport people are clever or they would be dead. john: they have no love lost. >> no. or excessive credit but locked into a vicious circle of poverty. it takes a small investment to get them now.g with the young couple decides to grab the co
the average life span was almost 40. 50 years later, 47. by 1950, it was up to 68. now, the average in america is 78. 76 for men and 81 for women. the numbers will only go up. and up. the. >> their of a book called "100 plus, the coming age of longevity will change everything." everything? >>guest: everything. >> how much longevity? >>guest: i take the premise it will be possible in for average life expectancy to go up to 150. >> there is someone alive today who will live to be 150? >>guest: absolutely. >> is that creepy? you will be shriveled? >>guest: no, we will be healthier for longer, and energetic and enjoying likes. >> because they invent body part replacements. >>guest: that is a low-hanging fruits. scientists have created brand new humoring begans using a person's adult stem cells so bladders, trachea, human blood vessels, they have been created already. >> so, assume we accept this, we are healthy, what happens to your life? you work longer? you change jobs? don't you get sick of it? >>guest: the exiting is,there will be much more opportunity. right now, with the average life span of
: but this is a historic reversal. look i've been in america 40 years and started out in san francisco 40 years ago and back in those days, there was always a net migration into california, significant numbers. california gained tens of millions of people over my time in america, but that just recently has been completely reversed. now there's a net leaving of people. and that's historic in america, that's historic. >> it is historic. it is historic because you come here, as i said for the weather, but that's it anymore and there's no promise of a future. don't promise that you're going to be able to put down your stake and really do something with it. look at the head of facebook, one of the partners left not only the state of california, left the united states of america because of the taxes going on in this state and in the united states of america itself. so, again, there's no incentive to stay in the state because you were so punished, if in fact you do have the state. if you're a young couple trying to raise a family into the public school system and the public school system is in the tank an
agreement at all. we are off of the lows of the days. names like bank of america among the biggest losers. while you see a few trying to give it a go in the green, the truth is, you are seeing broad-based selling. the s&p 500 is down a full percentage point. while there are some select winners, the truth is, you have many affected. connell: thank you very much. you heard a moment ago from the speaker. you did not hear this morning from the mayans. brian wesbury is here and he is his usual optimistic self. you are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a
organization on the back. neilback. >> i want voices of america to be heard. neil: you would be taken more seriously this time, than last time, you couldn't get to nickelodeon last time. >> we had a tou time get something recognition early in the campaign. neil: but once you burst through thank you instant street cred. >> like i said, conservatives will be heard over the next couple years, everyone said that tea party is dead, you even said that republican party is dead, there are a lot of folks who understand the critical times we're in. d this fiscal cliff, not what is happening in january but long-term imagine problems. neil: you can't win being a lighter verdict of them. version of them. >> even during the campaign, i am not being critical of our candidates but they talked about how dire the circumstances are with our economy deficits but they put forward a plan that did not change entitlement for 10 years, if we' in a dire point, how can you say that -- they -- we did not make -- we made the case there is a problem. but they look add solution, they said it can't be too big of a proble
are looking at two casino stocks, looking at america, and -- liz: mohawk hitting an 52 week high, a ceramic manufacturer, getting a boost from the housing market. >> making this purchase under way, like mohawk and we are having a winning week on wall street, feels like a terrible day but it is not that bad. liz: they were having a great week. dave: they end on a bad note. >> 110 fresher. dave: let's look at how everything is working out, we see all indices and the dow is down significantly, triple digits to the downside but recovering a little bit as we go to the end of the trading day and the trading week, it was down 3% last night, the futures were down when they looked at the collapse of plan b from john boehner it has improved dramatically but you can't put too much lipstick on this, a bad day on the markets and the s&p down more than the dow. and nasdaq the big loser down almost 1%, russell 2,000 not too bad, down 1/2%. liz: you might be ready to hop on planes, trains and automobiles the travel stocks not moving quickly, they're underperforming on one of the busiest travel days of the
is not working we start with financials. they're the biggest drag. money center banks like bank of america down 1 1/4%. goldman down 1%. morgan stanley down .8 of a percent. all those stocks are under pressure. tech stocks notably weak. apple inching to the round 500 dollar level. down to 510. it was north of 700 when iphone 5 came out early september. so the bear market continues to apple. as you can see, google also down, down about five bucks on the day. ibm down slightly a .10 or two. hewlett-packard off today, down one 3/4%. coming up later we have a contrarian investors sees big opportunity for hp in 2013. he nailed down the move in bank of america this year. he said it was the stock to buy. he was right. stick around for what he has to say about hewlett-packard. interesting stuff. what an interesting day. let's look to the floor show. traders at new york stock exchange, the cme group and the nymex. my, oh, my. let's begin with ben willis at the newscy. -- nyse. we had some bias coming in the last half hour. >> as long as washington keeps santa claus hostage we'll continue to see this. "the
and denies the children for a chance to live in america and the love of parents. and a slap in the face of president obama. and remember when there was a reset button to signify resetting and establishing the relationship between the two countries and the president whispered that he would have more flexibility in his second term. what happened? now, mr. putin bans american adoptions because america has criticized russia's cuban rights, oh, dear. the senate is in session, and the house will return late sunday and top lawmakers meet today at the white house. they've had months to reach a deal and still, there has been no deal and there's no negotiatable plan on the table. their failure to do their jobs, that's my opinion. if it was you or me we'd likely be fired by now. rick newman from u.s. world and news report is here. look, i've had it up to here with this. i think our viewers do, too, share this outrage? >> yeah, i think i'll have a meeting whether i'll do my job or not. stuart: really? >> a lot of people have not been paying attention until recently. this is affecting the real econo
. [applauding] john: what does your brain tl you that america should do about our problem? we have plenty. a lot of people are poor. we should spread the wealth around. i hear busesses raise prices and gouge people. foreigners sneak into america and take american jobs, there ought to be a law, government ought to do something. that's just the way pple think, it's instinct. i have to admit how i used to think, took me decades to realize i was wrong, passing a law often does more harm than good. and progress comes from millions of individuals acting to make themselves better off guided by an invisible hand that inadvertently helps others. not to viewers of the "stossel" show, but to normal people. when there is a problem, government should address it. my next guest says they know what our brain is wired that way. an evolutionary psychiatrist at the university of california santa barbara and the author of the mind of the market. so, there is your book, let me start with you since you talk about the mind. you say the faith in government comes from evolution and? >> the natural propensity we have is
, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as a superpower and the challenges we surely face. and president obama ignoring immigration reform in the first term only a matter of time before he makes new proposals should republican party takes the lead on the issue. when will it be enough to lure latino voters in that is their purpose. egypt is worsening. clinical crisis shows no signs of easing as the new muslim brotherhood leadership tries to silence opposition. so far the obama administration is trying to play both sides respecting the countries efforts at democracy at least in the opinion of the administration, meanwhile predicting individual freedoms. but how it will all play out is uncertain. loyal to the regime are using scud missiles. the move representing a sharp escalation in the two-year-old conflict at which more than 40,000 people have been kled. he could use chemical weapons against his own people. still, world powers remain deadlocked on how to resolve this crisis
to tlook at the truth and dimension.well just how big is mental illness in america? well, i hope you are sitting down. because these numbers are simply sounded very at according to the national institute, the national institute of mental health, 20%o of this country, 20% of us at one time or another, some 60 million people, 60 million americans experience a mental health disorder in any given year. ve those, some 60 million peopli receive some form of help. despite the often desperate neec for care, it is almost twicea af difficult to find a mentala health professional to provide f your and find a doctor. extraori mental health care is extraordinarily expensive. twenty-five years ago, think about this.ju we were spending just over $2 billion. on mental health medication. it is now more than 10 times that amount. $30 billion. just for pharmaceuticals. nearly 50% of those who goco untreated now when cost is a barrier. t its 66% that say that they didrp not have treatment. they hoped and prayed that the problem would get better on itso own. as we have learned through her psychological
? >> it leaves cut taxes. >> i'd like to see taxes go down and someone say america is great. let's do everything we can to eliminate obstacles to success vmax my next guest says that regulations are really killing business. we have congressman eric cantor, the house majority leader is pushing to cut the red tape. and since he does have out there, he actually has a shot at doing it. it's just too hard right ow for businesses to continue to operate, given all the onerous and burdensome regulations coming out of washington. and we want to make that stop so we can turn the country around and began to be a starter country again. know th the obama administration over the course of the term has imposed 400 regulations that impose more than $0 million of costs annually on small businesses. the small business administration has said that there are so many regulary burdens on small business that it cost them $10,000 per employee. those are the kinds of things that we want to stop right now so we can see more startup and jobs created. >> is one thing to hope for freezing regulations. but i guess we had hop
of america -- [talking over each other] [talking over each other] neil: they don't like paying his dues, what is so wrong with that? >> let me explain why. the way the law was before we pass the right to work on the way it was all over the country coming of a choice as the worker. you have the choice not to join the union. then you are obligated to pay the administrative portion of the dues. you don't have to pay for political activity. that is what the law says. there have been cases where people thought they were being charged for political activities [talking over each other] [talking over each other] >> let me tell you why they should. the law requires that they get the benefits of collective bargaining. neil: that is making the assumption about the faulty 3% -- let me ask you about this. when you say to somebody. a guy gets fired. not a member of the union. the union is obligated to represent him in the termination action. neil: you made that up. >> i did not make that up. >> let me tell you the rest of it. >> you have a problem with adjusting to unions, if you are so great, standby your
if negottion go his way or if we go or the fiscal cliff, either way, america loses. not so fast, i think we have choices. that is it for us, thank you, we'll see you tomorrow night goodight from new york. neil: think fat cats are still angry at the president? t chance, what if i told you a lot of sucking up to the talk abo off the wall or ould i say off the wall street, welcome neil cavuto here, and charlie gparino had it right, there is no squirmier, bunch than those on wall street. they were throwing any money they had to make sure that barack obama would be a one term, but now all but core coreon core -- cronning him all some with betwnmperor a king. a growiumr of financial types figuring nowhat the president is in, best both ses sort things by caving in. on everything from higher taxes r t rich, that is fine. higher investment related taxes onveryone, have at it. more stimulus, why not why this folding like a cheap suit now? maybe because the financial suits figure to go along so just getlong. i think at electns have consequences, i did not think th wall street so quickly selling its fi
are going to do is kill america's entrepreneurial economy. gerri: l's get into the details of this. why you would want to keep these capital gains taxes low. you say it is an issue of double taxati. >> that's right. corporate profits are taxed at the corporate level. and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that they become bankrupt and to destabilize the whole system. gerri: you talk little bit about competitiveness. let's detail that. low capital gains is important to our nation's competitiveness. but also, to the competitiveness of these companies that we are talking about. >> absolutely. let's say that you are a young indian or chinese entrepreneur with a science degree or engineering degree and you gradua from mit. you want to start a high
for the america that you just talked about. >> and what's interesting there and putti it together and the difference in the periods here, anything was possible, we didn't know the meaning of the word ent. we found a way to the impossible, it was in our veacular and way of thinking. >> the irony is today, in today's washington if somebody came up with a crazy idea trying to go to the moon if we never bee there before. people would laugh it off because people don't dream big and don't dreaat a instead. worried about their own shelves and not for sake of country, but only for the sake of reelected. two years or six years out or ur years, it's shameful and the fact that they procrastinate like no woman i've even ever met in my entire life is just despic despicable? >> well, you spend time with great americans. >> here i am with you. >> yes, and i spent time with great americans every now and then and people that came back from afghanistan and iraq, and you know, these kidand you're blown away, they're looking for jobs and i'm trying to help a couple of them. and i wouldn't say that wa
as americans coming from the same place. we all want to live in a safer america. we just differ on how to achieve that. where i think the mark is being missed, and for give the pun, is that i feel like the discussion needs to be about the madness, not about the method. so, let's focus on violence as a topic, certainly, guns is one point of discussion, but i think that there is a broader discussion to be had. but nobody can make any progress until we take some of the emotion out of it. and think about it holistically, we don't want to have unintended consequences and fix one thing and break another, and i think that's where the challange is. the good news we all want to live in a safe america, we need to talk about the best way to achieve that. stuart: that's unbelievely retrained from you, carol. i unleashed earlier on the program against piers morgan and were you restrained. i appreciate that. >> now what, stuart? i'm starting a new party in in america, i'm calling it the common sense party. if you'd like to join me, this is my-- one of my first forays in the common sense party. stuar
have become the entitled state of america and i will tell you what i've never been in a job if i decided to go on strike they wouldn't have said, carol, guess what, that's the door don't let it hit you on the butt as you go out. if they want to strike, 20 million people that are unemployed or underemployed that would be happy to have a job. stuart: it's shades of ronald reagan firing workers in the 1980's patco. >> exactly. stuart: president obama is not in a position to fire port workers and the people who run the ports, they're not going to fire them, they'll just let them walk out, that's what's going on. >> well, look, this didn't work out well for the hostess company and for twinkies, so i feel like somebody has a to take a hard stand here, if we keep letting it happen over and over again, it's a situation. whether it be with congress or strikes, there need to be consequences for people's actions, stuart. stuart: you're right. here we are at the end of the year, we've run out of money and a fiscal cliff crisis on our hands, dock workers are probably going to go on strike. it
, a brighter future for america when we realize was really happening, the second amendment being denied by the united nations kamal things that this administration is doing in this book. by the way, service members, those who are serving overseas, soldiers, sailors, airmen, garcia, marines to make you want to get a signed copy get oliver north. on the side of that boston will be up there in new york next week. the army navy game. that ad in the middle of the program. i have to say, the army. lou: i have k t. mcfarland and a host of folks, admiral james lyons, they're going to be right with you on that. >> you got it to my brother. it will be a great game, no afford to being in new york with you on monday. lou: the floor to it. you can get a copy of euros proved on-line or at bookstores now. go to loudobbs.com to get a link that will work as well. twenty-seven days until the fiscal cliff. president obama and the speaker still not negotiating. are they serious about solving this crisis? the "a-team". they join us in moments. obamacare at least one year away from full implementation. but y
security. it comes up to $22000 for every poor person in america. why not just get rid of the bureaucracy and cut them a check. >> we could have a great idea and debate. going back to food stamps and the idea of government promoting that. we have a farm bill that proposes fourillion in cuts to the food stamp and the agricultural committee chair woman said they would be more open to cutting back more. >> rich, i see all of the advertising of the government to put people on food stamps and 15 million more people on food stamps after that government program, isn't there a relationship there? >> there is . ctoria properly stribes something that you call the lfare industrial complex. it gets to a certain size and looks on behalf of itself and that is a bad thing. we hav another crisis here that is related. we have a growth crisis. we are growingt two percent and shod be growing at four percent annually and right tax an regulatory policy to liberate job creators to do that i don't think we would have a food sta crisis. >> i think thi all of us could agree. that is keeping poor people poor becau
and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and obama. it does not work. john: good intentions and that go bad. clean energ
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